Alphabet Becomes Fourth U.S. Company to Reach $1 Trillion Market Value - WSJ

Alphabet Becomes Fourth U.S. Company to Reach $1 Trillion Market Value

Google parent joins an elite group that includes Apple, Amazon and Microsoft

Microsoft, Apple, and Amazon are the first three publicly traded U.S. companies to hit $1 trillion in market value. WSJ’s Dan Gallagher explains how each company reached the milestone. Photo illustration: Laura Kammermann (Originally published April 25, 2019)
By
Amrith Ramkumar

Google parent Alphabet Inc. became the fourth U.S. company ever to achieve a $1 trillion market value Thursday, punctuating a powerful rally in shares of large internet stocks to start 2020.

The search-engine giant joins peers Apple Inc., Amazon.com Inc. and Microsoft Corp. as the only firms to reach the threshold during intraday trading. Apple and Amazon accomplished the feat in the summer of 2018, while Microsoft hit $1 trillion for the first time in April of last year. Amazon never closed above $1 trillion and has fallen...